Interactive Brokers $IBKR posted record Q2 results, headlined by a staggering 77% pretax profit margin!
THE NUMBERS: Net interest income jumped 23% YoY to top $1B, while total assets surged 36% to $247B
BALANCE SHEET STRENGTH: IBKR carries zero long-term debt while expanding global reach, adding Korea trading and SpaceX IPO access for European retail clients.
THE RATING: Despite elite margins and fortress balance sheet metrics, the Seeking Alpha Quant score sits at a neutral HOLD.
Is $IBKR the strongest financial brokerage play on the market right now?
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